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ING Clarion Gets $118M for Industrial Refi

NEW YORK CITY-Holliday Fenoglio Fowler LP secures financing for two portfolios totaling approximately 2.7 million sf in Arizona, California, New Jersey and Washington.

By Natalie Dolce | Updated on April 24, 2008

NEW YORK CITY-The Dallas office Holliday Fenoglio Fowler LP has secured $117.7 million in financing for locally based ING Clarion Partners. The borrower secured two separate five-year refinancings for two industrial portfolios totaling approximately 2.7 million sf in Arizona, California, New Jersey and Washington.

HFF managing director John Rose worked exclusively on behalf of ING Clarion Partners to secure the refinancings through Northwestern Mutual. A $70 million, fixed-rate loan was arranged for the Arizona, New Jersey and Washington portfolio and a $47.7 million, fixed-rate loan was secured for the California portfolio.

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